Egypt continues a process of political transition. Following President Hosni Mubarak’s ouster in February 2011, free parliamentary and presidential elections were held and Mohammed Morsi became president with almost 52% of the vote. A newly drafted constitution was confirmed in a referendum in December 2012. In June 2013, mass demonstrations against President Morsi erupted.
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July 23, 2014 — In a room overlooking the Nile in the Upper Egyptian governorate of Aswan, a group of Egyptians gathered to discuss their development priorities and strategies to address them. Eventually, these discussions culminated in them choosing to prioritize education, health, poverty, infrastructure, and the development of economic sectors.Read More »
July 10, 2014 — The World Bank approved a US$ 8.10 million grant for Egypt to demonstrate the improved management and disposal of targeted Persistent Organic pollutants stockpiles in an environmentally sound and cost-effective manner. The project team leader explains in detail the project objectives, environmental benefits and more.Read More »
The World Bank approved a loan of US$500 million for a project aimed to expand natural gas access to 1.5 million Egyptian households in eleven governorates, including three governorates located in Upper Egypt, where poverty levels are the highest.
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Much of the current debate around the recent economic crisis in the Arab Republic of Egypt has focused on unemployment. The link between growth and unemployment in Egypt is weak, particularly for men. The reason for this weak link is partly related to decades of flawed industrial policies that have discouraged investment in employment-generating activities.Read More »